Gem Electric Supply INC

$282,278 PPP Loan in Evergreen Park, Illinois

Loan Details

Loan Number
4203288601
Date Approved
Mar 18, 2021
Loan Status
Paid in Full
Initial Approval
$282,278
Current Approval
$282,278
Forgiveness Amount
$284,544
Forgiveness Date
Jan 6, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Gem Electric Supply INC
Address
3135 W 95th St
ZIP Code
60805-2302
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423390)
Business Age
Existing or more than 2 years old
Jobs Reported
20
Estimated Revenue
$6.1M
Rural/Urban
Urban
Congressional District
IL-06

Loan Use Breakdown

Payroll
$282,276
Utilities
$1

Lender Information

Servicing Lender
Old National Bank
Originating Lender
First Midwest Bank, a Division of Old National Bank

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